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Cryptocurrencies

Beware, Next Target Cryptocurrency: “Lawmakers fear cryptocurrencies could be back door for sanctioned rubles”

“…The anonymity provided by bitcoin and other cryptocurrencies could undermine the effectiveness of sanctions against Russia after its invasion of Ukraine, the lawmakers say. Industry advocates, however, say the technology provides greater transparency for law enforcement and warn against an overreaction… Continue Reading…

Economy

“Senate Haggles Over Deal to Pull Back from Debt-Ceiling Brink”

“…News of a possible debt-ceiling accord stoked the biggest positive turnaround in the equity market in more than seven months on Wednesday, and stocks extended gains Thursday. In the bond market, traders bid back up the prices of Treasuries set… Continue Reading…

Economy

“India could be back as the world’s fastest growing economy this year”

“After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021.India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa… Continue Reading…

Personal Finance, Predictions, Opinions, & Comments

“Americans racked up $1,300 in holiday debt on average: How to get back on track in the new year”

“Use cash, not credit… Pick a debt repayment strategy…Consolidate balances…Make a post-holiday budget…” https://grow.acorns.com/2020-holiday-debt/ Those are the 4 tips. The link goes into further detail. Click the link if you want to know more. I have something important I want… Continue Reading…

Stocks

“7 Nasdaq Stocks You Need To Buy Before They Bounce Back Up”

“With the sector finally in a correction, it’s time to start loading up on these seven Nasdaq stocks to buy: Avalara (NASDAQ:AVLR) Duck Creek Technologies (NASDAQ:DCT) ZoomInfo (NASDAQ:ZI) Cisco (NASDAQ:CSCO) Datadog (NASDAQ:DDOG) Costco (NASDAQ:COST) Nasdaq (NASDAQ:NDAQ) While there will be some slowdown in this trend as the… Continue Reading…

Stocks

“Dow and S&P 500 post back-to-back losses, but Nasdaq closes above 10,000 for the first time”

“The Dow Jones Industrial Average and S&P 500  fell for a second straight day on Wednesday as traders once again took profits out of names benefiting from the economy reopening and rotated into mega-cap tech stocks. The S&P 500 closed 0.5% lower at… Continue Reading…

Stocks

“Jim Cramer predicts ‘U’ shape recovery, says economy ‘will bounce back gradually’”

“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip… A V-shaped recovery happens when a quick decline in economic activity is met by an… Continue Reading…

Stocks

“U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock.”

“We don’t know yet which companies are going to get how much in federal bailout money and what the bailout terms will be. But it’s a sure bet that a ton of money will be earmarked for our nation’s four… Continue Reading…

Economy

“U.S. Economy Will Be in Trouble If Boomers Don’t Come Back to Work”

“Older workers have been one of the reasons job growth has remained so robust during the past few years. From the end of 2016 through February, employment among people between the ages of 25 and 54 increased by 3 million. For workers… Continue Reading…

Banking, Cryptocurrencies

“Visa and Coinbase team up to create crypto-backed debit card”

“…Visa today announced a debit card that will allow users to buy things using fiat money converted from cryptocurrency stored in online wallets. The new Coinbase Card it is directly tied to the a person’s cryptocurrency balance in digital wallets managed by… Continue Reading…